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Alias Born | 03/08/2019 |
Wednesday, May 04, 2022 2:00:03 PM
Man, Decibel's share price has been sitting in the acquisition zone for a long time now. My math shows the market cap ($27M) is lower than its yearly net revenue ($52M). About half the size actually. This predicament isn't limited to DB. Normally the bigger cannabis co's would be picking up these companies for their brands and market share, but they're currently downsizing, and using LP subcontractors instead. It's up to DB to figure out a way to get their share up to at least yearly income which would double its current price. This is crazy it's so low when they are so close to net income profitability.
The cannabis sector might soon discover the only way to raise capital is to change business models to dividend paying companies in the near future. This model could attract dividend inventors looking to get in on the ground floor. Even if cannabis co's paid small dividends in the beginning it would attract more and more investor attention as they grow. Cannabis dividends payers would fit right in with other agriculture dividend payers where it's common. The first step is letting your intentions be known that upon meeting certain financial milestones the company intends to pay a dividend. If the big boys aren't buying this could be the best path forward. Dividends for the masses :) always imho glta
Posts are my opinion only, and not advice of any kind. glta
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